Download full report with analyst certification and important disclosures
Nov 19 2024, 08:25 GMT
Diploma plc
Delivering to the model
- Sectors : Capital Goods
- Companies : Diploma plc
DAVY VIEW
Diploma’s (DPLM) FY24 results have come in a nudge ahead of expectations and in line with the financial model – in this case, a very impressive result in our view. Although the environment remains tough, we (and management) expect a similar outcome for FY25 and we anticipate minimal changes to consensus. This consistent delivery justifies DPLM’s premium rating and we reiterate our ‘Outperform’ rating.
